The Institute of Mortgage Brokers and Lenders of Nigeria (Chartered) — IMBLN — in partnership with Oakland Business School, Jos, has inducted a new set of members into the professional body at a ceremony held today at the Plateau Club 1921 Main Hall, Jos
The event brought together stakeholders from the mortgage and real estate sectors, as well as representatives of key government institutions, to strengthen collaboration toward expanding access to housing and deepening professionalism in the mortgage industry.
Representing the Honorable Minister for Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, Hon. Santi Inuwa conveyed the Minister’s commitment to supporting the Institute’s vision. He noted that the activities of the IMBLN align closely with the Ministry’s poverty reduction agenda, as access to decent housing remains a key factor in improving living standards.
According to Inuwa, “The Minister believes deeply in the work of this Institute. He assures you of his continued support to ensure your initiatives receive the attention and collaboration needed from the federal government. The partnership between the Institute and the Ministry will go a long way in uplifting Nigerians through structured mortgage and housing opportunities.”
Speaking at the induction, the IMBLN Registrar-General, Dr. Jasper Adeleye, represented by Mr. Godwin E. Urhie, Executive Chairman/CEO of Oakland Business School, emphasized that the IMBLN was established by law to regulate and professionalize Nigeria’s mortgage and real estate sector — a vital industry that remains underdeveloped compared to other parts of the world. They stressed that the Institute seeks to change the narrative by ensuring that only certified and ethical practitioners drive the sector, thereby enhancing public trust and investment confidence.
“The real estate industry is one of the most significant globally,” a representative of the Institute noted. “We are here to make sure that in Nigeria, real estate and mortgage business are handled by professionals with integrity and capacity. With IMBLN certification, members are equipped to operate not just locally but internationally.”
The Federal Mortgage Bank of Nigeria (FMBN) was represented by Bojough Ronald Terpase, Head of Admin and Operations at the Jos Zonal Office. He congratulated the new inductees and reaffirmed the Bank’s readiness to collaborate with the Institute to promote home ownership and improve the mortgage system.
He said, “Our mission and that of the Institute align — we are both committed to providing pathways for Nigerians to own homes. We are already financing several housing projects in Jos and across the country, and with new innovations such as the Rent-to-Own and Construction Loan products, access to affordable housing is gradually expanding.”
Terpase also highlighted FMBN’s progress in simplifying access to housing loans and introducing flexible products such as home renovation loans for civil servants, allowing workers to access funds of up to one million naira for home improvement.
Representing the Plateau State Commissioner for Education, Hon. Kachollom Gang, Mr. Wuyep Vondul Ayuba congratulated the new inductees, describing their admission into the Institute as a “value addition” to the real estate and mortgage ecosystem.
He commended the collaboration between the Institute, Oakland Business School, and the Federal Mortgage Bank, urging stakeholders to “think outside the box” in creating innovative housing solutions for Nigerians.
“There is a huge demand for affordable housing in Nigeria,” he said. “The Federal Mortgage Bank and the Chartered Institute must continue to partner and innovate to make home ownership accessible to ordinary citizens. The state government is open to collaboration in this regard.”
The induction ceremony marked a significant milestone for IMBLN as it continues to expand its professional network and push for higher standards in Nigeria’s mortgage and real estate industry.
